A local bar owner told me he'd start accepting bitcoin payments when the price returned to what he purchased it at. This was somewhere around 20K. I believe he purchased his one and only purchase around 55K. I'll be stopping in to see him very soon. 🥹
Discussion
Tell him to HODL!!!
Practically everyone I told to buy bitcoin starting at the $2k price range eventually bought between $55k and $60k. I told all of them to be prepared to hold for at least 4 years. Most started bitching about the price drop. I stopped recommending it unless asked. I hope they held.
I go back and forth with should I or shouldn't I recommend Bitcoin to people. It's probably best to let them come to you as you said.
How is he supposed to accept Bitcoin at his bar? Running a Lightning node?
Any wallet would do with an exchange rate converter or even without tbh. At least in my bar. If only I had one.
nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 Point of Sale or Breeze PoS is what I was going to recommend for him to use to get started.
